OFAC Implements Hong Kong-Related Sanctions Regulations Pursuant To E.O. 13936
By EsqSocial Corporation 05/02/21
The U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”) published regulations in the Federal Register on January 15, 2021 to implement Executive Order 13936 (“E.O. 13936”), titled “The President’s Executive Order on Hong Kong Normalization.” The President determined on July 14, 2020 in E.O. 13936 that Hong Kong was no longer sufficiently autonomous to justify special treatment under U.S. law, due to the implementation of the Law of the People’s Republic of China on...
By: Husch Blackwell LLP